Associate Underwriter Course and Training Programs

Associate underwriters use statistics and mathematical models to determine the premiums and values of insurance policies. Read about degree and certificate programs that can prepare you for this job, such as risk management programs. Learn about other training options for associate underwriters, and get additional info on their job duties. Schools offering Finance degrees can also be found in these popular choices.

What You Need to Know

Insurance underwriters make decisions on whom to insure, how much to cover and how much premiums should be. Training for this career is offered at both the undergraduate and graduate levels, as well as through certificate and certification programs.

Degrees Undergraduate degrees in insurance and risk management or master's degree in insurance and risk management
Certificates Risk management and insurance
Certification Associate in Commercial Underwriting and Chartered Property Casualty Underwriter

What Does an Underwriter Do?

These professionals can specialize in health, mortgage, property or life insurance. In this role, you use your knowledge of finance, statistics and risk assessment to determine if a person or company is a viable credit risk. You then use statistical tools to determine the applicants' premium as well as the value of the policy. Insurance companies prefer someone with a bachelor's degree for this entry-level position, according to the U.S. Bureau of Labor Statistics as of 2018 (www.bls.gov).

What Kind of Degree Would Prepare Me for This Position?

Business schools commonly host undergraduate programs in insurance and risk management. You may have the opportunity to study the relationship between insurance and employee benefits. A Bachelor of Science in Insurance and Risk Management could be available. These topics might be explored:

  • Statistics
  • Finance
  • Information systems
  • Accounting principles
  • Operations management
  • Marketing
  • Maco/microeconomics

What Graduate Programs Are Available?

Master's degree programs in insurance and risk management are also available and prepare candidates for advanced or leadership roles. You might be able to find a Master of Science in Insurance Management for your degree. This program may be offered online. You could study these topics:

  • Financial concepts
  • Project management
  • E-commerce
  • Quantitative and qualitative decision-making
  • International economics

What Certificate Options Do I Have?

You can find an undergraduate Certificate in Risk Management and Insurance. An array of insurance courses may discuss various types as well as pertinent technologies. These programs may provide information necessary to pass the exams provided by the Insurance Institute of America. You may be covering some of the following courses in your certificate program:

  • Financial management
  • Risk management
  • Statistical methods
  • Banking
  • Corporate finance
  • Liability insurance
  • Property insurance
  • Risk modeling

What Other Kinds of Training Opportunities Exist?

The Insurance Institute of America offers an introductory training course for beginning underwriters. In addition, you can study to become certified as an Associate in Commercial Underwriting (AU) or a Chartered Property Casualty Underwriter (CPCU). The programs provide self-study materials for the exam. You can complete the AU program over a period of months and expect to complete the comprehensive CPCU certification program in years.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Strayer University

    Strayer University responds quickly to information requests through this website.

    Popular programs at Strayer University:

    • Associate Programs

    Online Programs Available

  • Saint Leo University

    Saint Leo University responds quickly to information requests through this website.

    Popular programs at Saint Leo University:

    • Associate Programs

    Online Programs Available

  • Independence University

    Independence University responds quickly to information requests through this website.

    Popular programs at Independence University:

    • Associate Programs

    Online Programs Available

  • New England College

    New England College responds quickly to information requests through this website.

    Popular programs at New England College:

    • Associate Programs

    Online Programs Available

  • Keiser University

    Keiser University responds quickly to information requests through this website.

    Popular programs at Keiser University:

    • Associate Programs

    Online Programs Available

  • Southern New Hampshire University

    Southern New Hampshire University responds quickly to information requests through this website.

    Popular programs at Southern New Hampshire University:

    • Associate Programs

    Online Programs Available

  • Touro College

    Campus Locations:

    • New York: New York
  • Colorado Technical University

    Colorado Technical University responds quickly to information requests through this website.

    Popular programs at Colorado Technical University:

    Online Programs Available

  • Colorado Christian University

    Colorado Christian University responds quickly to information requests through this website.

    Popular programs at Colorado Christian University:

    • Associate Programs

    Online Programs Available

  • Herzing University

    Herzing University responds quickly to information requests through this website.

    Popular programs at Herzing University:

    Online Programs Available